SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h −0.007%

Price spread now: BloFin against Binance+0.058%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$710.715% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.022%−$2 on $10k

Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.058%, 7d avg +0.007%

Together, before fees−0.015%−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.052% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SKYUSDT	0.06853	0.0100	pay 0.0050% / 4h	3h 25m	$15.6M	$11.0M	75x
Short	BloFin SKY-USDT	0.06857	0.0116	get 0.0058% / 4h	3h 25m	$582K	$29K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee BloFinbpOrdersPrice spread, now +0.058%Rate

Funding earned: $3.38
Price spread: +0.058% → +0.007%: $5.18
Slippage, 4 orders: −$49.48
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$62.91
Costs to cover: 0.715%
Break-even: 137.1 days

Slippage from Binance: live order book, 15 min ago; BloFin: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 15 min ago	1.46 bp	17.6 bp −$18	58.1 bp −$581	345.6 bp −$34.6K	doesn't fit
Sell BloFin live order book, 6 min ago	0.73 bp	26.5 bp −$26	52.6 bp −$526	doesn't fit	doesn't fit

SKY on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SKY/USDC PERP	−0.0269%	1h	0.06893	+0.584%	$376	$303K	12x	as long as short
Variational Omni SKY	−0.0096%	4h	0.06841	−0.179%	$183K	$113K	—	as long as short
Lighter SKY	+0.0096%	1h	0.06851	−0.026%	$179K	$139K	10x	as long as short
Nado SKY-PERP	+0.0100%	1h	0.06849	−0.055%	$75K	$32K	5x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.06855	+0.034%	$42K	$42K	20x	as long as short
Binance SKYUSDTlong	+0.0100%	4h	0.06853	long leg	$15.6M	$11.0M	75x
Bybit SKYUSDT	+0.0100%	4h	0.06841	−0.175%	$7.2M	$3.2M	25x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.06848	−0.073%	$818K	$1.1M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.06846	−0.102%	$593K	$270K	50x	as long as short
MEXC SKY_USDT	+0.0100%	4h	0.06853	0.000%	$1.0M	$265K	100x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SKYUSDTM	+0.0100%	4h	0.06855	+0.029%	$403K	$291K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.06852	−0.015%	$2.8M	$1.5M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.06849	−0.058%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.06853	0.000%	$27K	$652K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.06850	−0.044%	$1K	$3K	10x	as long as short
BloFin SKY-USDTshort	+0.0116%	4h	0.06857	+0.058%	$582K	$29K	75x
Hyperliquid SKY	+0.0242%	1h	0.06864	+0.158%	$2.8M	$910K	3x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0522% / S −0.0248%	1h	0.06850	−0.050%	$81K	—	50x	as long as short